Simple Financial Independence Math

The fundamental principles involved in achieving financial independence have been known since at least Babylonian times (The Richest Man in Babylon). Financial advisors and others in the financial services industry, however, would like you to believe that it is too complicated for regular people to understand. This is how they make their living.

Unfortunately for those selling financial expertise, most people can easily be their own financial advisor. Unless you are worried about multi-million dollar estates or have unusual circumstances, the math involved is very simple.

It just takes a couple of percentages and a couple of numbers to have the core of your financial plan laid out. Here they are.

From Get Rich Slowly … “My friend Craig is an architect. A couple of years ago, he took me on a tour of his company’s offices. “The cool thing about this building,” he told me, “is that it’s especially resilient.” I could tell from the way he said it that the word resilient meant something […]

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From Adventure Rich … “I’ve got another bad financial decision that has been a WONDERFUL choice for us (so far!). And it includes quitting. Let’s do some simple math. One plus one is two and two is greater than one. Even my 2 1/2 year old son knows that two M&M’s are greater than one. Let’s […]

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